Details about Bruno R Biais

Access statistics for papers by Bruno R Biais.

Last updated 2009-09-16. Update your information in the RePEc Author Service.

Short-id: pbi43

Working Papers

2009

1. Equilibrium Asset Pricing and Portofolio Choice Under Asymmetric Information
   IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse
2. Equilibrium Discovery and Preopening Mechanisms in an Experimental Market
   IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations
3. Large Risks, Limited Liability and Dynamic Moral Hazard
   IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse
4. Liquidity Shocks and Order Book Dynamics
   IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009)
5. Political Predation and Economic Development
   IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations
   See also Journal Article in Economics and Politics (2009)
6. Rents, learning and risk in the financial sector and other innovative industries
   FMG Discussion Papers, Financial Markets Group
7. The Lifecycle of the Financial Sector and Other Speculative Industries
   IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse

2008

8. Credit, Wages and Bankruptcy Laws
   IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations
9. Entrepreneurs and New Ideas
   IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations
   See also Journal Article in RAND Journal of Economics (2008)
10. Hindsight Bias and Investment Performance
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations

2007

11. Dealing in Junk
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse
12. Liquidity, Competition & Price Discovery in the European Corporate Bond Market
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse
13. The Microstructure of the Bond Market in the 20th Century
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business

2006

14. Dynamic Security Design: Convergence to Continuous Time and Asset Pricing Implications
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse
    See also Journal Article in Review of Economic Studies (2007)
15. Imperfect Competition in Financial Markets: ISLAND versus NASDAQ
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse
16. Transparency, Liquidity and Information in Dealer Markets
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse

2004

17. Dynamic Security Design
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business (2004) View citations
18. Judgmental Overconfidence, Self-Monitoring and Trading Performance in an Experimental Financial Market
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations
    See also Journal Article in Review of Economic Studies (2005)
19. Liquidity and the Cost of Funds in the European Treasury Market
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations
20. Market Microstructure: A Survey of Microfoundations, Empirical Results, and Policy Implications
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse
    See also Journal Article in Journal of Financial Markets (2005)
21. Strategic Liquidity Supply and Security Design
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002)
    STICERD - Theoretical Economics Paper Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE (2003) View citations
    See also Journal Article in Review of Economic Studies (2005)

2003

22. Equilibrium Asset Pricing Under Heterogeneous Information
    Levine's Bibliography, UCLA Department of Economics View citations
    Also in GSIA Working Papers, Carnegie Mellon University, Tepper School of Business
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2003) View citations
23. Operational Risk and Capital Requirements in the European Investment Fund Industry
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse

2002

24. Imperfect Competition in Financial Markets: ISLAND vs. NASDAQ
    GSIA Working Papers, Carnegie Mellon University, Tepper School of Business View citations
25. Psychological Traits and Trading Strategies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2000) View citations
26. The Microstructure of Stock Markets
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

2001

27. Price Discovery Across the Rhine
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in Review of Finance (2004)

2000

28. A Structural Econometric Investigation of the Agency Theory of Financial Structure
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations
29. IPO Auctions: English, Dutch,... French and Internet
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations
    See also Journal Article in Journal of Financial Intermediation (2002)
30. Microstructure, Incentives, and the Discovery of Equilibrium in Experimental Financial Markets
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations
31. Privatization versus regulation in developing economies: The case of West African banks
    William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan Stephen M. Ross Business School View citations
    See also Journal Article in Journal of African Economies (2004)

1998

32. Competing Mechanisms in a Commun Value Environment
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse
    See also Journal Article in Econometrica (2000)
33. Machiavellian Underpricing
    Tinbergen Institute Discussion Papers, Tinbergen Institute View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1998) View citations

1997

34. Short Sales COnstraints, Liquidity and Price Discovery: An Empirical Analysis on the Paris Bourse
    Working Papers, Toulouse - GREMAQ View citations
    See also Journal Article in European Financial Management (1999)

1996

35. An optimal IPO mechanism
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse
    See also Journal Article in Review of Economic Studies (2002)

1995

36. Implicit Collusion on Wide Spreads
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations

1994

37. Adverse selection in an insurance pool
    Working Papers, Risk and Insurance Archive
38. On the Survival of Irrational Traders: A Darwinian Approach
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations

1993

39. Asset Prices and Volume in a Beauty Contest
    Working Papers, California Institute of Technology, Division of the Humanities and Social Sciences View citations

1991

40. Options Prices, Insider Trading, and Interdealer Competition
    CEPR Financial Markets Paper, European Science Foundation Network in Financial Markets, c/o C.E.P.R, 53--56 Great Sutton Street, London EC1V 0DG

Journal Articles

2009

1. POLITICAL PREDATION AND ECONOMIC DEVELOPMENT
   Economics and Politics, 2009, 21, (2), 255-277
   See also Working Paper (2009)

2008

2. Entrepreneurs and new ideas
   RAND Journal of Economics, 2008, 39, (4), 1105-1125 View citations
   See also Working Paper (2008)

2007

3. Dynamic Security Design: Convergence to Continuous Time and Asset Pricing Implications
   Review of Economic Studies, 2007, 74, (2), 345-390 View citations
   See also Working Paper (2006)

2005

4. Judgemental Overconfidence, Self-Monitoring, and Trading Performance in an Experimental Financial Market
   Review of Economic Studies, 2005, 72, (2), 287-312 View citations
   See also Working Paper (2004)
5. Market microstructure: A survey of microfoundations, empirical results, and policy implications
   Journal of Financial Markets, 2005, 8, (2), 217-264 View citations
   See also Working Paper (2004)
6. Strategic Liquidity Supply and Security Design
   Review of Economic Studies, 2005, 72, (3), 615-649 View citations
   See also Working Paper (2004)

2004

7. Price Discovery across the Rhine
   Review of Finance, 2004, 8, (1), 49-74 View citations
   See also Working Paper (2001)
8. Privatisation versus Regulation in Developing Economies: The Case of West African Banks
   Journal of African Economies, 2004, 13, (3), 361-394
   See also Working Paper (2000)

2002

9. An Optimal IPO Mechanism
   Review of Economic Studies, 2002, 69, (1), 117-46 View citations
   See also Working Paper (1996)
10. Editorial
    European Economic Review, 2002, 46, (9), iii-iii
11. IPO Auctions: English, Dutch,... French, and Internet
    Journal of Financial Intermediation, 2002, 11, (1), 9-36 View citations
    See also Working Paper (2000)
12. Incentive-Compatible Contracts for the Sale of Information
    Review of Financial Studies, 2002, 15, (4), 987-1003 View citations
13. Machiavellian Privatization
    American Economic Review, 2002, 92, (1), 240-258 View citations

2001

14. Informal and Formal Credit Markets and Credit Rationing in Côte D'Ivoire
    Oxford Review of Economic Policy, 2001, 17, (4), 520-534 View citations

2000

15. Competing Mechanisms in a Common Value Environment
    Econometrica, 2000, 68, (4), 799-838 View citations
    See also Working Paper (1998)
16. Darwinian selection does not eliminate irrational traders
    European Economic Review, 2000, 44, (3), 469-490 View citations

1999

17. Optimal Leverage and Aggregate Investment
    Journal of Finance, 1999, 54, (4), 1291-1323 View citations
18. Price Discovery and Learning during the Preopening Period in the Paris Bourse
    Journal of Political Economy, 1999, 107, (6), 1218-1248 View citations
19. Short Sales Constraints, Liquidity and Price Discovery: An Empirical Analysis on the Paris Bourse
    European Financial Management, 1999, 5, (3), 395-410 View citations
    See also Working Paper (1997)

1998

20. Asset Prices and Trading Volume in a Beauty Contest
    Review of Economic Studies, 1998, 65, (2), 307-40 View citations
21. Floors, dealer markets and limit order markets
    Journal of Financial Markets, 1998, 1, (3-4), 253-284 View citations

1997

22. Trade Credit and Credit Rationing
    Review of Financial Studies, 1997, 10, (4), 903-37 View citations

1995

23. An Empirical Analysis of the Limit Order Book and the Order Flow in the Paris Bourse
    Journal of Finance, 1995, 50, (5), 1655-89 View citations

1994

24. Insider and Liquidity Trading in Stock and Options Markets
    Review of Financial Studies, 1994, 7, (4), 743-80 View citations

1993

25. Price Information and Equilibrium Liquidity in Fragmented and Centralized Markets
    Journal of Finance, 1993, 48, (1), 157-85 View citations

Editor

1. Review of Economic Studies
   Blackwell Publishing